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Karl Thomson, Aminex oil deal

Egypt: Monday, June 05 - 2006 at 14:32

Karl Thomson Holdings, a Hong Kong based brokerage, has said that it is to explore and develop its first oil field in Egypt, according to a report on the Dow Jones Newswires. The company will work alongside Aminex plc, an up stream oil and gas company, on the project. The anticipated amount of oil reserves in the field and the cost of the project have yet to be announced.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Monday, June 05 - 2006 at 14:32 UAE local time (GMT+4)

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This Article was updated on Saturday, January 13 - 2007

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